Fees under pressure. Regulatory moves against closet indexers. Rapid advances in financial technology. Shifting sentiment among investors. Such mounting challenges have led to widespread speculation about active management's shrinking future. But a closer look inside intelligent portfolio construction today tells a story of expanding roles, added value, and innovative risk-adjusted, lower-cost solutions.
An analysis of global funds over more than a decade has found that there is no performance penalty for socially conscious products and even a slight positive skew over the period – despite a reputation to the contrary. The Morningstar analysis for the period since 2002 ranks funds according to its star ratings, which are […]
The Government has finally bowed to industry pressure and the weight of logic by confirming it plans to ban pensions cold-calling. While full details have yet to be published, the Treasury has also indicated providers will be given greater powers to block transfers to suspicious schemes. In addition, policymakers plan to crack down on the […]
The Personal Finance Society has said it wants the Government’s pension cold-calling consultation to be extended to general investments and other forms of communication. A consultation on implementing a pension cold-call ban was launched this month after being trailed in November’s Autumn Statement, which confirmed telephone calls to unsolicited clients would be illegal. The PFS […]
Vanguard founder and former chief executive Jack Bogle has criticised the high-trading mentality behind ETFs and claimed non-listed index counterparts are a better alternative. In an opinion piece for the Financial Times, Bogle, the founding father of index investing, says Vanguard investors in non-listed index funds have seen higher returns than its ETF investors who hold the same underlying […]
Focused on bottom-up stock selection, not just in equities but also corporate bonds, DNCA has a reputation as being a multi-asset manager, but is also well known for its European equity funds.
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As someone training to be a cricket umpire, fair play matters to Fortitude Financial Planning director Chris Bowmer. Doing the right thing for clients is something he has adhered to from the start of his career, even in a 1980s sales environment with nothing to gain by delving beyond a client’s surface requirements. While he acknowledges […]
Fund managers who have helped pay compensation over the collapse of life settlement bond provider Keydata will receive a £12m refund, the Financial Services Compensation Scheme has announced. Keydata’s management has been embroiled in a multi-million-pound legal battle with the FCA since it collapsed in 2009. The total bill for compensation stands at more than […]
With no employer to fall back on, the self-employed are on their own when it comes to retirement saving. Irregular income patterns can make it harder to save regularly into a pension and commit to locking money away until age 55. Those who are building a business may see that as their biggest asset and […]